– by New Deal democrat Forecasting has always been hard, and moreso since the supply chain issues of 2021-22 made reading the interest rate signals from the long leading indicators muddled. But at least the short leading indicators were intact. But now we have the additional wrench in the works in the form of a mafia-style […]
“refining and focusing on what works and what doesn’t.” Sharing a commentary as taken from The one-handed economist. The market share of economics Some economists have called our discipline the “queen of the social sciences.” Although all the social sciences offer insights on human behavior, it seems that economics gets the most public attention and “market […]
Something that few are talking about in Congress or the news, cuts to Medicare. Brendan Boyle is a House Representative (D) and the ranking member of the House Budget Committee. Boyle is saying Medicare and Medicaid are both in the mix to fund Tr__p’s BBB. Look at the date of the letter to Representative Brendan […]
This is one of those situations which creates a “what are you going to do about it” scenario. Trump administration is violating a federal law that prevents the executive branch from holding back funds approved by Congress. In reality. what can Congress do? Any attempt by the executive branch to withhold appropriated funds outside the […]
Years ago, I was invited to give a talk at Arizona State University in Tempe. My host told me to fly in early in the day, so he could take me walking in the desert. I’d never seen anything like it: mostly cactus and rocks. Seemed like Middle Earth. Since then, we’ve vacationed in Arizona […]
Weekly Indicators for August 11 – 15 at Seeking Alpha – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. This week I quantified the difference between commodity prices in the US$ vs. a basket of all other currencies. Perhaps unsurprisingly, the upward pressure on commodity prices appears to be all, or almost […]
Looking at crime in Washington D.C. as compared to similar, smaller, and larger cities. Washington D.C. is no worse than other cities and is better than most. Looking at all crime and homicides. If you go to the site Council on Criminal Justice, you can take a deeper dive. I chose five cities to review […]
When my mom was diagnosed with multiple myeloma, she was given a chemotherapy that had proven so effective at the time that they couldn’t predict how much longer it would extend her life since not enough people had died yet. Progress in the war on cancer in the last 20 years has been amazing. Innovations […]
Be Careful What You Wish For. More stories by the Tr__p administration in an effort to distract from himself, his administration and Republicans. WASHINGTON – Total violent crime for 2024 in the District of Columbia is down 35% from 2023 and is the lowest it has been in over 30 years, according to data collected […]
– by New Deal democrat As per usual, retail sales are one of my favorite economic indicators, because in the past they have told us a lot about both where the economy is at present, and because consumption leads employment, so much about where the economy is likely to be in the near term future. […]